Business

Reference exchange rate down 15 VND on July 12

The State Bank of Vietnam set the daily reference exchange rate at 23,772 VND/USD on July 12, down 15 VND from the previous day.
Reference exchange rate down 15 VND on July 12 ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,772 VND/USD on July 12, down 15 VND fromthe previous day.

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 23,882 VND/USDand the floor rate 22,506 VND/USD.

On the contrary, the opening-hour rates atcommercial banks rose.

At 8:45am, Vietcombank listed the rates at 23,490VND/USD (buying) and 23,860 VND/USD (selling), both up 40 VND from the end ofJuly 11.

BIDV alsoadded 40 VND to both rates, listing the buying rate at 23,540 VND/USD and theselling rate at 23,840 VND/USD./.
VNA
#State Bank of Vietnam #VND/USD exchange rate #reference exchange rate #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.

Deputy Minister of Finance Do Thanh Trung speaks at the ceremony (Photo: VNA)

Project to advance growth, innovation, leadership for enterprises kicks off

AGILE is not only a testament to the long-standing and trusted strategic partnership between Vietnam and Canada, but also an important contribution to the Vietnamese Government’s efforts to promote innovation and sustainable growth within the private sector, thereby effectively mobilising private investment to realise inclusive and sustainable development goal.

At Regza Vietnam Electronics Co., Ltd. in Dong Nai province. (Photo: VNA)

FDI disbursement in January hits five-year high

Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.

In Q1 2026, Vietnam records 16 export commodities with turnover exceeding 1 billion USD. (Photo: VNA)

Exports face stiff test in bid to hit 550 billion USD

To achieve export growth of over 15% as directed by the Government, the MoIT said it will prioritise a set of core measures in 2026, including expanding production capacity, developing new export products, increasing domestic content and value added, accelerating the shift from processing to manufacturing, and proactively addressing trade barriers and defence measures.

Illustrative photo (Photo: VNA)

January CPI rises on stronger Tet holiday demand

CPI in January 2026 rose 0.05% month-on-month, with urban areas up 0.02% and rural areas up 0.09%. Of the 11 major commodity and service groups, nine recorded price hikes while two saw declines.

Vietnam is currently Cambodia’s third-largest trading partner worldwide, after China and the US, and its largest trading partner within ASEAN. (Photo: Ministry of Industry and Trade)

Party chief’s Cambodia visit to open up new phase of deeper, closer cooperation

To further unlock the potential of bilateral economic and trade cooperation, Vietnam and Cambodia should continue reviewing and effectively implementing signed agreements, facilitating trade and border connectivity, strengthening trade promotion in complementary sectors, reforming administrative procedures, upgrading border and logistics infrastructure, and enhancing coordination in combating smuggling and trade fraud.

Investors monitor stock market movements at the HoSE trading floor. (Photo: VNA)

VNX, FTSE Russell discuss Vietnam market upgrade

During the working session, the two sides shared updates on the performance of Vietnam’s stock market in 2025, focusing on market capitalisation, index trends, developments in the equities, bond and derivatives segments, and the continued expansion of the investor base.

Vietnamese products continue to gain traction at traditional markets and supermarkets across Ho Chi Minh City (Photo: VNA)

Vietnamese goods dominate Tet market in Ho Chi Minh City

Despite still-muted purchasing power, Vietnamese products continue to gain traction at traditional markets and supermarkets across Ho Chi Minh City, as consumers increasingly prioritise locally made goods, from fresh food and fast-moving consumer items to processed products, for their stable quality, reasonable prices and transparent origins.

Vietnamese Ambassador to Algeria Tran Quoc Khanh talks with an Algerian businessman at the 7th International Chocolate and Coffee Show in Algeria, on February 4. (Photo: VNA)

Vietnam, Algeria promote economic cooperation

Vietnamese Ambassador to Algeria Tran Quoc Khanh has visited Oran Province to follow up on agreements from Prime Minister Pham Minh Chinh's November visit, during which he held meetings with local officials and business representatives.

Visitors at the first Spring Fair 2026. (Photo: VNA)

Ho Chi Minh City showcases economic, cultural potential at Spring Fair 2026

Covering nearly 3,400 square metres, Ho Chi Minh City's exhibition area has brought together almost 80 representative enterprises and key economic organisations, displaying more than 300 products, solutions and services distinctive to the city. The exhibition highlights the city's vitality and potential as a dynamic and innovative economic hub committed to sustainable growth.